Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$63,517$63,517$629,100
Remaining term (yrs)6.56.530.0
Secondary amount$0$565,583$0
Funding fee$318$318$0
Note rate5.910%5.910%7.400%
Blended rate5.910%7.564%7.640%
1st payment$962.55$962.55$4,355.76
2nd payment$0.00$3,652.72$0.00
Taxes / mo$582.50$582.50$582.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,711.71$5,364.44$5,230.75
Cash to close$635,483$69,900$69,900